Monday, June 8, 2009

Your Mama Hears...

...from a little birdie named Motormouth Moe that even though lily white Oscar winning Aussie actress Nicole Kidman and her country crooning Aussie huzband Keith Urban already own a contemporary crib a couple of blocks away on Lime Orchard Road, they recently made an offer on L.A. based entrepreneur Cody Leibel's flip house on Hidden Valley Road. As far as we can tell from our myriad of sources, an agreement for purchase between the two parties was not made.

Young Mister Leibel, who is just 20-something damn years old, is an investor in a music company called C-Note Records (which we've never heard of before) and is bizness partners with nightlife and restaurant entrepreneur Sam Nazarian who owns such Hollywood hot spots as Hyde Lounge, Katsuya, XIV, Foxtail, The Abbey and is, perhaps not coincidentally, also selling his house high above the Sunset Strip on Oriole Way.Property records show Mister Leibel paid $9,205,000 for the Bev Hills Post Office property (above) in October of 2007. According to listing information, the recently expanded and rehabbed residence sits on 5 acres and includes 5 bedrooms, 5 bathrooms, a double edge infinity pool, a motor court for 20 cars (which is a good thing since Mister Leibel likes fancy cars) and a celebrity style quarter mile long driveway that ensures a peaceful and paparazzi free existence. Given its extremely private siting, not to mention its $16,500,000 asking price, Your Mama would bet our long bodied bitches this house will be sold to a privacy seeking high profile person. We shall see.

The guarded but not gated community is home to a plethora of big names and famous folks like tee-vee titan Tom Freston, Beverly Hills jeweler Martin Katz, music mogul Guy Oseary, Oscar nominated actress Candice Bergen and bling kween Kimora Lee Simmons who is having a real bitch of a time getting someone to buy Lime Orchard Road residence which sits right next door to pop tartlet turned reality teevee star turned mom jeans wearing chili cook-off country singer Jessica Simpson. Listen chickens, we just can't get on the call Miss Simpson fat bandwagon even if some of her unbelievably horrific outfits make her look that way, not when she's still half the size of most of the track suited big gurls wobbling through the malls in this country. Oh. Ouch. Did we say that outloud?Anyhoo, young Mister Leibel also has a second Los Angeles house on the market (above). Owned in the name of his Canadian property developer father Lorne, Mister Leibel recently listed the 6,143 square foot house on Savona Road with an asking price of $4,750,000. According to listing information, the 6 bedroom and 8 bathroom house includes a resort style pool and spa and was recently renovated by a top designer. Listing information shows the Savona Road property, which someone rather blandly dubbed Villa Savona, entered escrow just weeks after being listed, which means one high priced property down and one to go for Mister Leibel.

Thanks for the west LA real estate dish Mama! I really like what I can see of the Hidden Valley Road property, but can't help being astonished at the price. Mr. Leibel paid less than $10MM for it at the height of the housing market and expects to get close to double that now? I'm going to monitor this one to see what gives in the apparently recession proof city of LA in an otherwise nearly bankrupt state.

On a side note, what a great Powerball winner story this weekend. He's also 23 years old, and a South Dakota rancher, who despite doing backbreakng work to pay his bills, recently had his trailer home repossesed by the bank, and then on Friday found out he held the sole ticket for a $232 million jackpot. He said he'll repay 'many times over' everyone from town who helped his family during their prolonged struggle to keep food on the table and a roof over their heads, and promised he 'will not squander' the money. Gotta love it when good things happen to decent, deserving people.

Money DOES NOT buy happiness. It just makes life a HELLUVA LOT funner. (I know funner is not a word)

The top property is to die for. The grounds are breathtaking and I love how you get the illusion that you are on top of a forest from the infinity pool. I am also totally in love with the super long and sunken driveway.

I hope that kid in the Dakotas doesn't squander his take, but I wouldn't bet on it. First if he is so charitable, his fellow townspeople could run through lots of that very fast. Then I doubt he knows anything about investing, and might well buy lots more next to worthless land. I wish him well and wish he'd get in touch with someone who could give him some good investment advice, before his "pals" get to him.

That pile on hidden valley road is not that nice .....the driveway is cramped and long but not in a good way..couldnt even find the master -bad floor plan smallish rooms nothing special..oh peacful setting ok

2:38 - Ever occur to you that Urban DOESN'T want you poking around his California property so he said they didn't own one? Very common for celebrities to try and hide where they live and what they own. DuH!